Morning Ideas November 8, 2019 Long

CME_MINI:ESZ201960

E-mini S&P 500 Futures (Dec 2019)CME

Description

⋅ Nov 8, 2019 12:51 PM

Very orderly here. I have said it before and I'll say it again, until this market pulls back, I would be looking for opportunities to get long.

Don't try and pick the top...

If you really want to take a short, make sure you have something above you to lean on.

We have some nice structure below us that will tell us on the open whether we are going to fall back into value, or move higher.

I would imagine we continue higher until I see the buying shut off.

Comments

snipertariy

⋅ Nov 9, 2019 4:05 AM

Hi. I like the way you see volume profile. My question is:why dont you erase past days volume profiles? To keep it clean and find better VP in daily charts

TakeProfitTrader

⋅ Nov 9, 2019 4:08 AM

@snipertariy, becusse I don’t care about time. I want to see where the market is finding value. The daily timeframe is an arbitrary timeframe. In my opinion, the auction may not have completed by the end of the day.

So yes, it’s for clarity and simplicity, but also because I don’t care about time.